Author Topic: Y.TO - Yellow Media  (Read 11140 times)

tengen

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Re: Y.TO - Yellow Media
« Reply #30 on: April 14, 2014, 11:00:53 AM »
I thought Yellow Media could continue to have a decent niche business (albeit at greatly reduced margins from the old printed directory business). My reasoning was that YLO would have better information since businesses paid to be listed, so you'd never get search results that were out of date. However, on the few occasions I tried using their search engine to find a local business, it gave me information that was no longer valid (phone numbers had changed or the business had ceased to exist). This put me completely off YLO.


yadayada

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Re: Y.TO - Yellow Media
« Reply #31 on: April 14, 2014, 11:15:51 AM »
i thought about their moat, and it seems their online business is just destined to fail. for small businesses you can use google or yelp just as well, probably better then YP. And for restaurants tripreport.com is just so much better. The whole layout, the number of reviews, and the accuracy of reviews. YP feels clunky if you compared it to tripreport. Especially in thinly populated areas.

I only found out about tripreport last year, and im pretty savvy about these things. So I think in 6-7 years, people will figure out beter ways to find things, and that wont be YP. They dont really offer any added value, and with more and more small businesses listing on google, their database doesn't hold much value. When people become more rational about these things become aware of the better alternatives, then they will go bankrupt.

You could argue tho that that might take a long time, as alot of people still have the habbit of reaching for yellow pages for these things.

Philbert77

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Re: Y.TO - Yellow Media
« Reply #32 on: August 09, 2020, 02:24:44 PM »
So I think in 6-7 years, people will figure out beter ways to find things, and that wont be YP. They dont really offer any added value, and with more and more small businesses listing on google, their database doesn't hold much value. When people become more rational about these things become aware of the better alternatives, then they will go bankrupt.

Well... i guess not. Most recent earnings press release:

 Encouraging revenue outlook. “The trends in our bookings, although suggesting a very modest additional hit to our revenue curve for another couple of quarters, are nearing pre-COVID levels. And our analysis suggests that the bulk of our COVID-related revenue declines are due to lower spending levels by individual customers, which we believe can be regained, rather than business closures or increased losses of accounts.”
 Net Debt extinguished. “As of today, our cash on hand, approximately $110 million, exceeds our debt, so our net debt excluding lease obligations is better than zero. And we recommit to fully paying off our Exchangeable Debentures, at par, on or around May 31, 2021.”
 Major new revenue initiatives. “Over the next 120 days, we are phasing three exciting new products into our offering. Also, by year-end, we expect to have doubled our telesales capacity, to significantly ramp up our acquisition of new accounts. These moves, long in the making and testing, are carefully designed to further bend our revenue curve toward stability.”
 Quarterly dividend declared. “Our Board has declared a dividend of $0.11 per common share, to be paid on September 15, 2020 to shareholders of record as of August 28, 2020.”
 Doubling of contribution to pension plan. “As we announced we would, we have begun doubling the currently required contributions to our Defined Benefit Pension Plan, for the benefit of our retirees.”
 Launching purchases of stock. “Today we are also announcing an NCIB to repurchase shares of our common stock.”

https://corporate.yp.ca/media/filer_public/9e/ab/9eabf51a-f48e-4f4e-b389-9b6b61084b7c/press_release.pdf

valuedontlie

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Re: Y.TO - Yellow Media
« Reply #33 on: August 09, 2020, 06:42:03 PM »
man it's been a while since i've looked at this...

still looks like a melting ice cube... no end in sight to revenue declines?

Philbert77

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Re: Y.TO - Yellow Media
« Reply #34 on: August 09, 2020, 09:27:57 PM »
Revenue is still declining but they have aggressively paid off debt, have crazy cash flow and have reinstated the dividend. If COVID hadn’t hit I suspect they would have been much closer to stopping the decline or even had some revenue growth.